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Funding for a carbon capture project in Aberdeenshire is expected to be announced in the UK government’s spending review, BBC Scotland News understands.<\/p>\n
The Acorn Project based in St Fergus would take greenhouse gas emissions and store them under the North Sea, in a process known as carbon capture and storage (CCS).<\/p>\n
There have been growing calls from business leaders for investment in the project which has been on a reserve list for funding.<\/p>\n
Chancellor Rachel Reeves will announce the budgets for all government departments over the next few years on Wednesday, which will include information on what new projects will receive investment.<\/p>\n<\/div>\n
In the House of Commons on Tuesday, ministers were asked a number of times about funding for the project.<\/p>\n
Energy Minister Sarah Jones told MPs they didn’t have long to wait to see what the spending review had to say about the project.<\/p>\n
She said: “We have always been clear that we support the Acorn Project” adding “we know what an important proposal it is.<\/p>\n
“The decision is a matter for a spending review but we are very close to having those decisions”.<\/p>\n<\/div>\n